Which Is Not a Correct Statement Concerning a Liquidated Damages

question 8

Multiple Choice

Which is not a correct statement concerning a liquidated damages clause?

• A) If the clause is enforced, the injured party can collect no more than the amount specified.
• B) If the clause is enforced, the injured party has a choice between compensatory damages or liquidated damages.
• C) The amount of liquidated damages must not be excessive.
• D) The amount of liquidated damages are established by the parties to the contract.

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Definitions:

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Individuals who engage in frequent and intense communication activities, often dominating conversations or interactions.

System Isolates

Elements or individuals within a system that are detached or separated from others.

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Individuals who refuse to communicate or cooperate, effectively blocking progress or resolution in a discussion or negotiation.

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Individuals or factors that detract, criticize, or reduce the value of something or someone's efforts.